RBI injects Rs 38.46 bn in banking system via repos
The Reserve Bank of India (RBI) has injected Rs 38.46 billion in the banking system via 1-day repo on Dec. 3, 2014. At the auction conducted under liquidity adjustment facility, the central bank received 13 bids for 1-day repo, were accepted. These repos are traded at a fixed rate of 8%. RBI... read more »
More than 600,000 flee as typhoon nears Philippines
MANILA, Philippines – Haunted by Typhoon Haiyan’s massive devastation last year, more than 600,000 people fled Philippine villages and the military went on full alert Sunday to brace for a powerful storm only hours away from the country’s eastern coast. Typhoon Hagupit — Filipino... read more »
Pakistan kills top al Qaeda leader in raid
Pakistan’s military said on Saturday it had killed a senior al Qaeda leader wanted by the US over a 2009 plot to attack the New York subway system. “In an intelligence borne operation top al Qaeda leader Adnan El Shukrijumah was killed by Pakistan army in an early morning raid in... read more »
Officials: 2 bombings kill 7 people in Iraq
BAGHDAD — Authorities in Iraq say two bombings targeting Shiites have killed seven people around the capital, Baghdad. Police officials say the first attack took place Saturday morning when a bomb exploded near a market in the Shiite section of the town of Mahmoudiya, killing five people and... read more »
